Fei has 13100 dollars in his retirement account his first, Financial Management

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Fei has 13100 dollars in his retirement account his first

Fei has 13,100 dollars in his retirement account. In addition, he plans to save 7,600 dollars per year for 8 years. His first annual savings contribution is expected immediately. Fei expects to earn 3.93 percent per year. How much money does Fei expect to have in his account in 8 years?

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